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New Murchison Gold Limited (ASX:NMG) stock forum

20m at 277 and 4m at 1368 is the kind of intercept that re-prices a junior overnight on any other board, the…

@brisbane_88 · · 0 upvotes · 2 replies

20m at 277 and 4m at 1368 is the kind of intercept that re-prices a junior overnight on any other board, the fact that $NMG.AX is sitting where it is means the market wants the next confirmation hole. murchison region is having a moment and the rerating happens when one of these names lands a continuous high-grade core, the print on a bonanza number alone doesn't carry it the way it used to.

Replies

  • @waxwing · 2026-05-26

    thats how WA gold has always traded

  • @whitewall · 2026-05-26

    confirmation hole is the catalyst

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